Online Store : Viable?

Dolby

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Something similar to HDCabling?

The pricing is slightly more expensive - but the items to be better quality (http://www.lindy.co.uk/). Not so much the cabling, but the converters/adapters.

Do installers use these converters, extenders and adapters at all - or is it very niche?
 
a) Do people use the millions of converters in real life ... like USB to Serial etc I can't see a huge need - but I'm not IT person ...
b) Considering there is a place that sells the same - would another be pointless, especially at slightly high (albeit better quality) pricing? Or do people buy on price alone?

Basically - any feedback
 
People like cheap and dirty. Expensive, high quality = niche. True for pretty much anything. Plus with digital, there is not much between cables and connectors ITO quality, they either work or they don't.
 
a) Do people use the millions of converters in real life ... like USB to Serial etc I can't see a huge need - but I'm not IT person ...
b) Considering there is a place that sells the same - would another be pointless, especially at slightly high (albeit better quality) pricing? Or do people buy on price alone?

Basically - any feedback

If you can justify the difference in price, people will buy it. Saying its better quality is not enough, I want to know why and how, and most importantly, what difference it makes to me.

The only reason I dont buy from HD cables online is they dont accept online payment. Thats a big drawback. I know the company and I buy stuff from their store, but I still don't like doing a transfer for an online purchase.
 
If you can justify the difference in price, people will buy it. Saying its better quality is not enough, I want to know why and how, and most importantly, what difference it makes to me.

The only reason I dont buy from HD cables online is they dont accept online payment. Thats a big drawback. I know the company and I buy stuff from their store, but I still don't like doing a transfer for an online purchase.

That's the one thing, and also you have to be lucky enough to catch them during one of the 4.5 hours a month they are actually open. If there was a similar shop that's open more, worked with proper online payments etc, I might support them.
 
Cool ...

Sounds OK then :)

Thanks for the advice.
 
Set it up, why not? It won't cost you too much to run if you manage your stock flow properly. You might not be able to retire from it but you should find a niche business serving people with high-end audio requirements.
 
First and foremost and I have to ask:

What do you define as "better" quality?
 
The pricing is slightly more expensive - but the items to be better quality

I left out a word ; appear ;)

I can't say for sure - but they're branded, have decent reviews and the audio units tested by What Hi Fi generally get 4 or 5 stars. There HDMI switching units have metal chassis too.

In contrast, HDCabling appears to be cheaper unbranded units - but that said, I haven't played with each.
 
I left out a word ; appear ;)

I can't say for sure - but they're branded, have decent reviews and the audio units tested by What Hi Fi generally get 4 or 5 stars. There HDMI switching units have metal chassis too.

In contrast, HDCabling appears to be cheaper unbranded units - but that said, I haven't played with each.

I bought ethernet to HDMI extenders from HDCabling, they were metal and came in larney packaging. Still haven't used them though :(
 
I left out a word ; appear ;)

I can't say for sure - but they're branded, have decent reviews and the audio units tested by What Hi Fi generally get 4 or 5 stars. There HDMI switching units have metal chassis too.

In contrast, HDCabling appears to be cheaper unbranded units - but that said, I haven't played with each.

Reaon I asked:

HDMI cables for example, can't really be classified as "quality" or not. The signal is digital so if it works it works. It is up to the buyer to decide if he wants to pay R x extra to get gold plating, braded wires, etc.

Only time I buy the more expensive cable is USB extension cables. Never can get good USB cables.
 
Many SA high end hifi distributors are very anti online selling.
They are either afraid brick and mortar will revolt or that hosting it on a online shop will damage the "prestige" of the high end brands. Bit of snobbery there.
(The guys who distribute monkey cables and van den hul is great though.)
Most of them won't sell to online stores. Even when assuring them you wont enter into price wars.

There is some nice distributors out there but you have commit to a recommended retail pricing.
I mean when I contacted many of them I totally reassured them I will keep to Recommended retail pricing so that their High street clients don't complain. I even offered them to regularly inspect my online shop to see. Still no luck 90% of the time.

It's not like the PC industry where they don't a impose minimise pricing policy.
This make it very difficult. Customer then see no price advantage and many with credit cards, which most people have which buy high end, just skip SA shops totally and buy direct from overseas.

There are many electronics distributors in SA who in my view does not do their brands any favour. They buy there exclusive distribution rights then you have moerse problems either getting stock from these suppliers or getting it at a price not ridiculously inflated above the normal import price from overseas shop. Then you have to deal with old fashioned business models and snobbery like explained above.
 
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There is some nice distributors out there but you have commit to a recommended retail pricing.

That is price collusion and happens to be illegal. Probably because their products aren't really anything special, so the value is perceived rather than real (why else try to fix the price?).
 
Rule of thumb, if the store has Monster HDMI cables, don't buy from them.
 
It's not high end audio - in fact, it's not really audio.

There are some things that are audio/video related - but they're converters, adapters (Optical > Coaxial , Optical > analogue , SCART > HDMI , HDMI > DVI, VGA > DVI, HDMI splitters etc) and pretty much anything to anything else. Useful if you have older equipment that doesn't have the correct connections or have rum out of ports.

It's also networking as well - USB > power, USB > ethernet, HDMI > ethernet etc and a hold host of different connections and types.
 
If you started sellling hard to find cables. You could have a somewhat successful business.

Some cables I've had trouble finding:
Long length USB -> Micro USB (For acceptable price), even just finding a USB -> Micro USB is a mission
MiniSAS -> 4xSATA cables (Costs > R400 for one cable in SA when you can get them for R50 from eBay)
USB -> ethernet -> USB that actually supports USB 2.0 speeds (couldn't even find one locally)
 
a) Do people use the millions of converters in real life ... like USB to Serial etc I can't see a huge need - but I'm not IT person ...
b) Considering there is a place that sells the same - would another be pointless, especially at slightly high (albeit better quality) pricing? Or do people buy on price alone?

Basically - any feedback

People like cheap and dirty. Expensive, high quality = niche. True for pretty much anything. Plus with digital, there is not much between cables and connectors ITO quality, they either work or they don't.

I'd beg to differ on that point. Anyone with half a brain does their research, and I am assuming that people who want a specific item have done their research, instead of going to their local dealer and getting ripped off silly.

For instance, I did a lot of research on wireless routers and it turns out that Linksys (Cisco) has the most stable throughput, even though companies like D-Link can peak higher. None of my regular suppliers could get their hands on what I was looking for, when I wanted it, but Wootware was able to. Now that's an example of an online store - service is brilliant, AND they even phone you to follow up. Their prices were better than anywhere else I'd looked, as well - I'm talking R12K worth of wireless gear.

My point is - price isn't everything. I keep saying this to my clients. You need to consider how much it costs you when your goods pack up and you need a replacement. Nobody wants to spend hours chasing a replacement. Most of the companies I deal with replace on a simple, descriptive, email.

If you're considering an online store, nothing speaks more volumes about you than excellent service, even if you charge a bit more, because that is what gets people talking.

Reaon I asked:

HDMI cables for example, can't really be classified as "quality" or not. The signal is digital so if it works it works. It is up to the buyer to decide if he wants to pay R x extra to get gold plating, braded wires, etc.

Only time I buy the more expensive cable is USB extension cables. Never can get good USB cables.

There are good cables and crap cables, just because it's HDMI doesn't make it not so.

Many SA high end hifi distributors is very anti online selling.
They are either afraid brick and mortar will revolt or that hosting it on a online shop will damage the "prestige" of the high end brands. Bit of snobbery there.
(The guys who distribute monkey cables and van den hul is great though.)
Most of them won't sell to online stores. Even when assuring them you wont enter into price wars.

There is some nice distributors out there but you have commit to a recommended retail pricing.
I mean when I contacted many of them I totally reassured them I will keep to Recommended retail pricing so that their High street clients don't complain. I even offered them to regularly inspect my online shop to see. Still no luck 90% of the time.

It's not like the PC industry where they don't a impose minimise pricing policy.
This make it very difficult. Customer then see no price advantage and many with credit cards, which most people have which buy high end, just skip SA shops totally and buy direct from overseas.

There are many electronics distributors in SA who in my view does not do their brands any favour. They buy there exclusive distribution rights then you have moerse problems either getting stock from these suppliers or getting it at a price not ridiculously inflated above the normal import price from overseas shop. Then you have to deal with old fashioned business models and snobbery like explained above.

Any IT company can buy directly from just about any electronics distributor, through their wholesale channel. It really is that simple.

The biggest problem you're going to have with an online business is your actual website maintenance, especially considering prices change on an almost daily basis. It's a hectic undertaking, and unless you find staff that are willing to go the extra mile, you're fighting an uphill battle. Then you still have to maintain respectable levels of service, and pricing, all while you're trying to cover your overheads. It's quite daunting.

If you really must, I'd suggest a bit of diversity, because your core business is going to take some time to get going - so you really need to branch out into other avenues.
 
Any IT company can buy directly from just about any electronics distributor, through their wholesale channel. It really is that simple.

The biggest problem you're going to have with an online business is your actual website maintenance, especially considering prices change on an almost daily basis. It's a hectic undertaking, and unless you find staff that are willing to go the extra mile, you're fighting an uphill battle. Then you still have to maintain respectable levels of service, and pricing, all while you're trying to cover your overheads. It's quite daunting.

If you really must, I'd suggest a bit of diversity, because your core business is going to take some time to get going - so you really need to branch out into other avenues.

Not totally true talking hifi. Been there done that.

Diversity is good but I find the biggest problem here is dealing with a shopping basket consisting of products from various brands and distributors.
Sometimes you just have to make use of couriers or wait until your order exceed a certain amount to qualify for free delivery.
This impede timely delivery.
Courier companies charging a per pickup fee mean that a shopping basket that consist of say three items from three different suppliers can cost you about R60*3=R180 rand for national delivery. You on the other hand cannot charge your client that much unless you probably going to loose that sale.
Now with high margin expensive stuff that is no problem, but with cheap PC stuff this start to pose some problem.
There are many products i for instance can add to my catalogue but I don't because it's just not economically feasible. Talking margins and time constraints.
 
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Not totally true talking hifi. Been there done that.

Diversity is good but I find the biggest problem here is dealing with a shopping basket consisting of products from various brands and distributors.
Sometimes you just have to make use of couriers or wait until your order exceed a certain amount to qualify for free delivery.
This impede timely delivery.
Courier companies charging a per pickup fee mean that a shopping basket that consist of say three items from three different suppliers can cost you about R60*3=R180 rand for national delivery. You on the other hand cannot charge your client that much unless you probably going to loose that sale.
Now with high margin expensive stuff that is no problem, but with cheap PC stuff this start to pose some problem.
There are many products i for instance can add to my catalogue but I don't because it's just not economically feasible. Talking margins and time constraints.

Did I just get called a 'talking hifi'? :p
 
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